DISCOVERY: An iceberg did not take down the Titanic after all.

What made The Titanic sink? Come on guys, it wasn’t because of Rose’s door stealing ways that made Jack drown.

The popular explanation that ran for decades is that The Titanic sank because it collided with 100,000 year old iceberg on Sunday, April 14, 1912.

New findings from British journalist and Titanic expert, Senan Molony disputes this. According to Molony who has dedicated 30 years of his life to the events that led to the unfortunate event, a fire in the ship was the reason The Titanic went under.

Apparently, there was a fire in the Titanic during its construction which weakened the ship enough for the iceberg to crack it open.

Molony looked closely at the old photos of the doomed ship which were taken by chief electrical engineers before the ship left Belfast Shipyards.

The journalist noticed thirty feet long black streaks on the right of the hull the ship, at the front. This was the same place the iceberg struck.

Experts have agreed with his theory. Indeed there was a fire in the ship that started at a fuel stock.

The official Titanic inquiry branded [the sinking] as an act of God. This isn’t a simple story of colliding with an iceberg and sinking. It’s a perfect storm of extraordinary factors coming together: fire, ice and criminal negligence” says Senan Molony.

The fire was known about, but it was played down. She should never have been put to sea” he further says. The effect the fire had on the ship was played down so that it could leave for sea on the appointed date. 1,500 people out of the 2,224 passengers died on The Titanic’s maiden voyage.

Arms Deal Probe Tip Of The Iceberg– Buhari

President Muhammadu Buhari has said the Bureau de Change business has become a scam of recent with the connivance of some Central Bank officials.
“I understand some CBN directors are helping the BDCs through the back door,” adding that this had resulted into a drain on the nation’s economy.

He also noted that the revelation coming out of the arms deal is just a tip of the iceberg saying it is only one aspect in the office of the National Security Adviser.
“We have not come to the NNPC, and the Customs is also there,” he added.
He rejected suggestions that the Central Bank of Nigeria should resume the sale of foreign exchange to Bureaux de Change (BDCs).
The President spoke Wednesday night during a meeting with Nigerians resident in Nairobi, Kenya, according to a statement by his media aide, Garba Shehu.
Buhari also said about a third of petroleum subsidy payments under the previous administration was bogus.
“They just stamped papers and collected our foreign exchange,” he said.
The Central Bank recently stopped the sale of foreign currencies to the bureaux when the price of crude oil and the value of the naira dipped to a record low. Buhari said some bank and government officials used surrogates to run the BDCs and prosper at public expense by obtaining foreign exchange at official rates and selling it at higher rates.
“We had just 74 of the bureaux in 2005, now they have grown to about 2, 800.
“We will use our foreign exchange for industry, spare parts and the development of needed infrastructure. We don’t have the dollars to give to the BDCs.
“Let them go and get it from wherever they can, other than the Central Bank”, Buhari was quoted as telling the gathering.

Credit: DailyTrust

Diezani’s Arrest: Just Tip Of The Iceberg- Oshiomhole

Edo State Governor Adams Oshiomhole yesterday spoke on the arrest in London of former Petroleum Resources Minister Mrs. Diezani Alison-Madueke.

Mrs. Alison-Madueke and her brothers, who are directors of Hadley Petroleum Solutions Limited, were arrested for alleged bribery and money laundering. No charges have been preferred against them.

Oshiomhole, who has been outspoken against fraud in former President Goodluck Jonathan’s administration, has been under attack in the social media for his views. Now, according to him, he is vindicated.

Speaking with State House correspondents after meeting with President Muhammadu Buhari, the governor said Alison-Madueke’s arrest was a tip of the iceberg.

He said: “For me, I don’t think anybody should be surprised because the most favorable commentator on the Nigerian condition, both the economy, the polity and society, everybody agree that our economy was badly mismanaged over the past several years.

“I have not seen one commentator that disagrees.  Even when they talk about rebasing and so what. Have you rebased the level of poverty? Have you rebased prosperity? Have you rebased unemployment? Have you rebased homelessness? Have you rebased hunger?…”

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